| | Business Summary | | Ops
Sevcon,
Inc.
was
organized
to
carry
on
the
electronic
controls
business
previously
performed
by
Tech/Ops,
Inc.
Through
wholly
owned
subsidiaries
located
in
the
United
States,
England
and
France,
the
Company
designs,
manufactures,
sells
and
services,
under
the
Sevcon
name,
solid-state
products
that
control
motor
speed
and
acceleration
for
battery
powered
electric
vehicles
in
a
number
of
applications,
primarily
electric
fork
lift
trucks,
aerial
lifts
and
underground
coal
mining
equipment.
The
Company
has
also
established
a
subsidiary
near
Seoul,
South
Korea,
to
provide
sales
support
to
electronic
controls
business
customers
in
Korea
and
other
Asian
countries.
Through
another
subsidiary
located
in
the
United
Kingdom,
Tech/Ops
Sevcon
manufactures
special
metallized
film
capacitors
for
electronics
applications. | | More
from
Market Guide: Expanded
Business Description |
| | Financial Summary | | TO
designs,
manufactures,
sells
and
services
solid-state
products
which
control
motor
speed
and
acceleration
for
battery
powered
electric
vehicles
in
a
number
of
applications.
For
the
nine
months
ended
6/30/01,
net
sales
fell
10%
to
$21.1
million.
Net
income
fell
71%
to
$673
thousand.
Revenues
reflect
slower
demand
in
the
aerial
lift
and
fork
lift
truck
markets.
Earnings
also
reflect
higher
workforce
reduction
charges. | | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Marvin Schorr, 75
Chairman | -- | Matthew Boyle, 38
Pres,
CEO, Director | $190K | Bernard Start, 62
Vice
Chairman | -- | Paul McPartlin, 54
CFO,
VP, Treasurer | 113K | | Dollar amounts are as of 30-Sep-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors:
Expanded
List, Bios,
Compensation,
Options
|
|
![[one-year price graph]](http://chart.yahoo.com/c/0b/t/to.gif)